article thumbnail

RMAI Update August 2024

RMAi Blog

Seventh Circuit Rejects Consumer’s FCRA and FDCPA Claims Arising from Post-Bankruptcy Collection and Reporting Freeman v. The consumer filed for bankruptcy and eventually cured her pre-petition mortgage default through her bankruptcy plan payments. Ocwen Loan Servicing, LLC , No. 23-2512, 2024 U.S. LEXIS 17093 (7th Cir.

article thumbnail

Financial Literacy: 10 Ways to Improve It

Due

As a result, this prevents harming your credit score or even bankruptcy. Securities and Exchange Commission Consumer Financial Protection Bureau Online money magazines, journals, and websites are other great resources. Can help ease the distress of living paycheck-to-paycheck. How can you improve your financial literacy?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Starting a Business in a Recession: What You Should Know

Due

These include: Widespread job loss and layoffs Curbed credit access Slow economic output Decrease in consumer spending Lessened business investment Bankruptcies on the rise Reduction in marketing and research What Are the Benefits? Historic challenges are great to keep in your back pocket.

article thumbnail

Your Ultimate Guide to Starting a Business with Student Loan Debt

Fundera

Also, you likely won’t be eligible if your record includes any bankruptcies or defaulted student debts.”. Short-term debt relief is not without long-term pitfalls,” says Entrepreneur magazine. “But to qualify for most loan refinancing, your credit score has to be good—in the high 600s at least,” says Inc.com.

article thumbnail

Opening a Chick-fil-A Franchise: Everything You Need to Know

Fundera

Chick-fil-A’s reputation is so impressive that they have the most satisfied customers among their competitors, reports QSR Magazine. Also, there should be no prior bankruptcy filings when they research your background. Chick-fil-A calls their franchisees “operators” and becoming one isn’t easy. Be Available for Training.

article thumbnail

10 Successful Women Entrepreneurs of Color Share Their Best Advice

Fundera

O, The Oprah Magazine , Allure , Marie Claire , Essence , and NBC’s The Today Show have all featured Miko’s company. I always followed my heart and almost suffered bankruptcy as a result. The salon, now located in Manhattan’s SoHo neighborhood, and the line of hair care products together represent the Miss Jessie’s brand.